Investors will eye a host of stock market triggers in the last week of November
We will talk about Exit polls, GDP data, F&O expiry, and auto sales, among key market triggers. In the last week of November, the eyes of investors will be on the hos of stock market triggers including Major domestic and global macroeconomic data, and exit polls of state assembly elections. If you are also a trader surely you would be searching about it so you are on the correct page, where you can grab the valuable detail about the news. What happened? What is the entire matter behind the news? Let’s continue the article.
Investors will eye a host of stock market triggers
According to the report, after the recent surge, the market incorporated in a narrow range and finished slightly higher, taking a breather. The benchmarks have done their best to regain strength in the following sessions but mixed signals from the global front and separation among the heavyweights limited to go ahead. The BSE benchmark ascended 175.31 points or 0.26 percent, and the Nifty advanced 62.9 points or 0.31 percent. The more focused domestically, the tiny caps lost this week by around 0.39 percent and no longer outperformed the blue chips. We will tell you moreover details about the news, which you will find in the next section of the article.
On the basis of the report, 42 percent and 33 percent have been gained by Small- and mid-caps so far in the year 2023, outperforming a 9.33 percent rise in the Nifty 50. Sensex and Nifty 50 ended flat weighed down by a slide in details technology and fast-moving consumer goods stocks in the depth of mixed global cues on the day of Friday. The 30-share BSE Sensex finished lower by 47.77 points or 0.07 percent at 65,970.04 level on the day of 2 November while the Nifty 50 closed at 19,794.70 level, down 7.30 points or 0.04 percent. Scroll down the page to learn more information about the news.
Furthermore, apart from the lack of big movements, the Nifty 50 has made the management extend its weekly winning streak, ending just below the 19,800 mark. The Nifty 50 has settled around 19,600 levels and it was set in all the sessions since the day of 14 November but has faced resistance at 19,800-19,900 levels. Vinod Nair, who is handling the position of Head of Research at Geojit Financial Services mentioned “The broader market has made the experience of some profit booking as investor attention turned to the direct market, denoted by a set of IPOs in the week. If we get any further details we will tell you first at the same site. Stay tuned with us for more updates.
